This is one variable that could have a bearing on the course of the economy in the months to come: water levels in major reservoirs. The country may have received good monsoons in 2003, which has helped its farm sector recover from the preceding year's widespread drought and post an 8 per cent-plus GDP growth for the fiscal just ended. But the rains have not been good enough to boost the water storage position in major reservoirs. Officials say that while the overall reservoir water availability is better than what it was at this time last year, the situation is still precarious and "we need one more successive good monsoon to build a satisfactory buffer."